CRN Exclusive: HPE CEO Whitman On HPE's New Hyper-Converged Product, Cisco's HyperFlex, Dell-EMC, And A Potential 'Recession' If Trump Is Elected President
Whitman On Hyper-Converged, Dell-EMC And Trump
Hewlett Packard Enterprise CEO Meg Whitman spoke with CRN about the company's soon-to-be-released hyper-converged product, the gains HPE is seeing from Dell-EMC uncertainty, and the potential economic fallout if Donald Trump is elected president.
HPE is set to unleash this month a "market-changing" new hyper-converged product that will be priced 20 percent below market leader Nutanix's product, said Whitman. She expects the new product to open the door for HPE to be a "leader" in the $5 billion fast-growth hyper-converged market.
The interview with Whitman came after HPE posted better-than-expected results for its first fiscal quarter, ended Jan. 31, sending HPE shares up 15 percent.
HPE posted non-GAAP diluted net earnings per share of 41 cents in the first quarter on sales of $12.7 billion, just above the Wall Street consensus of earnings of 40 cents per share on sales of $12.68 billion. The results marked the third consecutive quarter of year-over-year sales growth in constant currency for HPE, said Whitman.